The trending report published by Crystal Market Research titled, Sodium Silicate Market, approximates that the Sodium Silicate market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
Market Overview:The Sodium Silicate Market was worth USD 4.28 billion in the year 2014 and is expected to reach approximately USD 4.86 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 1.42% during the forecast period. The worldwide sodium silicate market is anticipated to encounter a critical development over the figure time frame.
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Sodium silicate generally known as water glass or fluid glass is outstanding because of wide business and modern application. Sodium Silicate items are fabricated as solids or thick fluids, contingent upon proposed utilizes. Moreover, Sodium silicate is a flexible, inorganic chemical made by joining different proportions of sand and pop fiery remains (sodium carbonate) at high temperature. On the basis of application, the worldwide sodium silicate market is segmented into Detergents, Catalysts, Pulp & paper, Elastomers, Food & healthcare and other applications. Detergent application section is expected to generate highest market share over the forecast period owing to its increased applications across the globe.
Key Players in Market:PQ CorporationOxyChem CorporationW.R. Grace & CompanyPPG Industries
The report Sodium Silicate Market renders a wide-ranging analysis of the said market in terms of product, regional, application and end user segmentation. The report comprises of the present market size of this industry. Also, the potential outlooks and current market summary of this segment has been thoroughly analyzed in this report. Moreover, chief market players of the Sodium Silicate are studied on various factors like product portfolio, company profile, sales analysis, revenue generation through the forecast period.
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Regional Outlook:North America held a significant share of the Sodium Silicate Market in 2014 due to the increasing investments in the gas and oil refinery processing and rising agriculture, waste water treatment and construction activities. The Asia-Pacific market has not experienced any substantial growth due to high pricing and low Government initiatives towards this market, but can experience favorable growth in coming years owing to increasing in disposable income in the region.
Report’s Magnitude:This report contains Segment wise in-depth analysis in terms several above-mentioned segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
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About Crystal Market Research:Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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